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States of Jersey Law 2005: Delegation of functions – Minister for External Relations and Financial Services – Delegation of Financial Services.

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STATES OF JERSEY

STATES OF JERSEY LAW 2005: DELEGATION OF FUNCTIONS – MINISTER FOR EXTERNAL RELATIONS AND FINANCIAL SERVICES – DELEGATION OF FINANCIAL SERVICES

Presented to the States on 20th February 2023

by the Minister for External Relations and Financial Services

STATES GREFFE

2023  R.28

2

REPORT

On 17 February 2023, the Minister for External Relations and Financial Services made a Ministerial Decision delegating certain of his functions under Articles 28, 30 and 30A of the States of Jersey Law 2005 (see Decision reference MD-ER-2023-89, available at www.gov.je).

The terms of the delegations, and the legislation under which those delegations were made, were recorded in a Report attached to the Ministerial Decision, as shown below –

 

Delegate:

Deputy I.J. Gorst of St. Mary , St. Ouen and St. Peter

Functions delegated:

Alternative Investment Funds (Jersey) Regulations 2012

Bank (Recovery and Resolution) (Jersey) Law 2017

Banking Business (Jersey) Law 1991

Bankruptcy (Désastre) (Jersey) Law 1990

Charities (Jersey) Law 2014

Collective Investment Funds (Jersey) Law 1988

Companies (Jersey) Law 1991

Companies (Takeovers and Mergers Panel) (Jersey) Law 2009 Control of Borrowing (Jersey) Law 1947

Dormant Bank Accounts (Jersey) Law 2017

EU Legislation (Payment Services - SEPA) (Jersey) Regulations 2015 Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020

Financial Services Commission (Jersey) Law 1998

Financial Services (Jersey) Law 1998

Forfeiture of Assets (Civil Proceedings) (Jersey) Law 2018 Incorporated Limited Partnerships (Jersey) Law 2011

Insurance Business (Jersey) Law 1996

Limited Liability Partnerships (Jersey) Law 2017

Limited Partnerships (Continuance) (Jersey) Regulations 2020 Limited Partnerships (Jersey) Law 1994

Non-Profit Organizations (Jersey) Law 2008

Proceeds of Crime (Amendment No. 6) (Jersey) Law 2022 (enacted but relevant provision not yet in force)

Proceeds of Crime (Jersey) Law 1999

Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008 Registration of Business Names (Jersey) Law 1956

Security Interests (Jersey) Law 2012

Separate Limited Partnerships (Jersey) Law 2011

Scope of delegation:

Full  delegation  in  line  with  the  requirements  of  the  appropriate legislation. To include signing of Ministerial Decisions and representing the Government externally in respect of financial services matters.

R.28/2023